Exxon Mobil Corp. expects to make a final investment decision on its sixth oil project in Guyana by the first quarter of 2024, the company's country chief Alistair Routledge said on Tuesday.In August, Exxon and its partners proposed a plan to spend $12…
More than 20 companies including Exxon Mobil, a unit of Saudi Aramco, BP and Shell have submitted bids to compete for a contract to market Guyana's share of oil production, the government said on Tuesday.The 12-month contract, which allows the…
Costs have risen significantly in the past year for the Netherlands' multi-decade plan to connect its power grid to proposed North Sea wind farms due to rising interest rates, the country's Economic Affairs Ministry said on Tuesday.The global…
Offshore wind farm developer Ørsted has signed an agreement to divest 50% of the Gode Wind 3 Offshore Wind Farm in Germany to funds managed by Glennmont Partners from Nuveen.Glennmont is one of Europe’s largest fund managers, focused exclusively on investments in clean energy infrastructure…
Africa should be treated fairly while addressing global climate challenges as the continent contributes the smallest share to green house gas emissions globally, OPEC Secretary General Haitham Al Ghais said on Tuesday.Addressing an energy conference in Cape Town…
Denmark-based global offshore wind developer Ørsted is set to divest a 50% stake in its offshore wind farm project in Taiwan and has signed an exclusivity agreement with a Taiwanese insurance company and its affiliate, following a competitive divestment process…
Norwegian ports investing in offshore wind can generate NOK 8.4 billion (currently ~766 million) in annual value and employ approximately 6,400 people by 2030, a new report from Menon Economics has found.The report was commissioned by Norwegian Offshore Wind…
Brazilian state-run oil firm Petrobras said on Monday that its combined crude and natural gas output in the third quarter reached 3.98 million barrels of oil equivalent per day from the projects it operates. The output was almost 8% higher than production during the previous three quarters…
Marathon Oil said on Monday it has entered into a five-year liquefied natural gas (LNG) sales agreement with a unit of Glencore for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in the European LNG market…
A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses…
Equinor has awarded Ocean Installer an engineering, procurement, construction, and installation contract for the Eirin subsea tie-back development, offshore Norway.In mid-September, Equinor submitted a plan for development and operation (PDO)…
Golar LNG said Monday that its FLNG Hilli Episeyo (“Hilli”) offhshore Cameroon, had successfully offloaded its 100th LNG cargo on Saturday October 14th.'As the world’s first FLNG conversion that also introduced Cameroon as the world’s 20th LNG exporting nation in 2018…
The DolWin epsilon HVDC offshore wind converter platform left Seatrium’s yard in Singapore on Sunday, October 15. The platform is now heading for Aibel in Haugesund for the final installation of electrical equipment and commissioning.The DolWin…
German energy firm RWE has launched its first global “Floating Wind Co-use Competition”, as it is looking for solutions to promote the co-existence of floating wind farms with other sea users and biodiversity enhancement. Sven Utermöhlen, CEO…
Certex UK’s Great Yarmouth-based Engineering Services Division has won a major framework to supply statutory inspection and maintenance services on Dogger Bank Wind Farm. The contract covers inspection and maintenance of cranes, personnel lifts…
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